There is a newer version of the New Jersey Revised Statutes
2014 New Jersey Revised Statutes
Title 40 - MUNICIPALITIES AND COUNTIES
Section 40:60-11 - Acceptance of property in trust; appointment of trustees
NJ Rev Stat § 40:60-11 (2014) What's This?
40:60-11. Acceptance of property in trust; appointment of trustees
The governing body of any municipality which is or shall be the beneficiary of such a trust may accept it for the purposes set forth in section 40:60-10 of this title and may appoint any number of trustees designated by the terms and under the conditions of the trust instrument.
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